Metallus Inc. (NYSE: MTUS) reported fourth‑quarter 2025 results on February 19 2026, showing net sales of $267.3 million and a net loss of $14.3 million, or $0.34 per diluted share. On an adjusted basis the quarter resulted in a $7.7 million loss, or $0.18 per diluted share, and an adjusted EBITDA of $2.4 million.
The full‑year 2025 performance mirrored the quarterly trend, with a net loss of $1.2 million, or $0.03 per diluted share, and an adjusted net income of $15.3 million, or $0.37 per diluted share. Adjusted EBITDA for the year was $75.6 million, indicating that while GAAP results were negative, underlying operating performance remained positive.
These results highlight a continued challenge for Metallus as it transitions to a specialty‑steel model, with losses driven by high operating costs and investment in capacity expansion. The adjusted figures suggest that cost controls and revenue growth are beginning to offset the impact of capital expenditures and pension contributions, but the company remains in a loss‑making phase for 2025.
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